VOXR vs. PHYS

Last updated Jun 3, 2026

VOXR (Vox Royalty Corp) and PHYS (Sprott Physical Gold Trust) are both stocks. VOXR operates in Other Precious Metals & Mining (Basic Materials), while PHYS operates in Asset Management (Financial Services). Over the past 5 years, VOXR returned 23.67%/yr vs 17.81%/yr for PHYS. At a 0.30 correlation, their price movements are largely independent.

Performance

VOXR vs. PHYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vox Royalty Corp (VOXR) and Sprott Physical Gold Trust (PHYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOXR achieves a 20.84% return, which is significantly higher than PHYS's 2.76% return.

VOXR

• 1D: 1.24%
• 1M: 6.93%
• YTD: 20.84%
• 6M: 18.17%
• 1Y: 61.07%
• 3Y*: 32.07%
• 5Y*: 23.67%
• 10Y*: —

PHYS

• 1D: 0.24%
• 1M: -2.78%
• YTD: 2.76%
• 6M: 5.34%
• 1Y: 31.72%
• 3Y*: 30.46%
• 5Y*: 17.81%
• 10Y*: 12.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VOXR vs. PHYS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VOXR Vox Royalty Corp	20.84%	105.38%	15.84%	-9.91%	-15.03%	17.52%	12.39%
PHYS Sprott Physical Gold Trust	2.76%	63.95%	26.43%	12.98%	-1.81%	-4.84%	-2.71%

Correlation

The correlation between VOXR and PHYS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020	0.30

Over the past year, VOXR and PHYS have become more correlated (0.51) than their long-term average of 0.30, meaning their price movements have been converging.

Fundamentals

Market Cap VOXR : $407.42M PHYS : $16.35B
EPS VOXR : $0.53 PHYS : $11.91
PE Ratio VOXR : 10.75 PHYS : 2.85
PEG Ratio VOXR : 0.01 PHYS : 0.03
PS Ratio VOXR : 11.02 PHYS : 15.12
PB Ratio VOXR : 3.05 PHYS : 0.95
Total Revenue (TTM) VOXR : $29.98M PHYS : $1.06B
Gross Profit (TTM) VOXR : $19.72M PHYS : $3.03B
EBITDA (TTM) VOXR : $25.00M PHYS : $5.61B

Return for Risk

VOXR vs. PHYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VOXR

VOXR Risk / Return Rank: 73
VOXR Sharpe Ratio Rank: 74
VOXR Sortino Ratio Rank: 70
VOXR Omega Ratio Rank: 67
VOXR Calmar Ratio Rank: 77
VOXR Martin Ratio Rank: 79

PHYS

PHYS Risk / Return Rank: 71
PHYS Sharpe Ratio Rank: 75
PHYS Sortino Ratio Rank: 66
PHYS Omega Ratio Rank: 71
PHYS Calmar Ratio Rank: 72
PHYS Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VOXR vs. PHYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vox Royalty Corp (VOXR) and Sprott Physical Gold Trust (PHYS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	VOXR	PHYS	Difference
Sharpe ratio Return per unit of total volatility	1.17	1.16	+0.01
Sortino ratio Return per unit of downside risk	1.75	1.53	+0.22
Omega ratio Gain probability vs. loss probability	1.21	1.24	-0.02
Calmar ratio Return relative to maximum drawdown	2.30	1.80	+0.50
Martin ratio Return relative to average drawdown	6.25	4.51	+1.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VOXR vs. PHYS - Sharpe Ratio Comparison

The current VOXR Sharpe Ratio is 1.17, which is comparable to the PHYS Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of VOXR and PHYS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VOXR	PHYS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	1.16	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.98	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.45	-0.05

Drawdowns

VOXR vs. PHYS - Drawdown Comparison

The maximum VOXR drawdown since its inception was -46.36%, roughly equal to the maximum PHYS drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for VOXR and PHYS.

Drawdown Indicators

	VOXR	PHYS	Difference
Max Drawdown Largest peak-to-trough decline	-46.36%	-48.16%	+1.80%
Max Drawdown (1Y) Largest decline over 1 year	-27.53%	-19.35%	-8.18%
Max Drawdown (3Y) Largest decline over 3 years	-36.68%	-19.35%	-17.33%
Max Drawdown (5Y) Largest decline over 5 years	-46.36%	-21.80%	-24.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-23.75%	—
Current Drawdown Current decline from peak	-10.92%	-17.10%	+6.18%
Average Drawdown Average peak-to-trough decline	-18.88%	-21.00%	+2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.14%	7.74%	+2.40%

Volatility

VOXR vs. PHYS - Volatility Comparison

Vox Royalty Corp (VOXR) has a higher volatility of 13.87% compared to Sprott Physical Gold Trust (PHYS) at 5.96%. This indicates that VOXR's price experiences larger fluctuations and is considered to be riskier than PHYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOXR	PHYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.87%	5.96%	+7.91%
Volatility (6M) Calculated over the trailing 6-month period	38.63%	23.84%	+14.79%
Volatility (1Y) Calculated over the trailing 1-year period	52.37%	27.50%	+24.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.69%	18.32%	+31.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.79%	16.30%	+34.49%

Dividends

VOXR vs. PHYS - Dividend Comparison

VOXR's dividend yield for the trailing twelve months is around 0.92%, while PHYS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
PHYS Sprott Physical Gold Trust	0.00%	0.00%	0.00%	0.00%	0.00%
VOXR Vox Royalty Corp	0.92%	1.05%	2.05%	2.14%	0.58%

Financials

Frequently Asked Questions

Can I hold both VOXR and PHYS in my portfolio?

VOXR and PHYS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOXR or PHYS?

VOXR has higher volatility (13.87%) compared to PHYS (5.96%). In terms of maximum drawdown, VOXR dropped -46.36% vs PHYS's -48.16%.

Which has better risk-adjusted returns?

VOXR currently has the higher Sharpe Ratio (1.17 vs 1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.